Disney quarterly earnings expected to be out today
Investors expecting the new streaming service Disney+ to have got 25 million paid domestic subscribers at calendar year-end, say reports
The quarterly earnings for Disney are to be announced later today, say media reports.
The earnings per share for the company is expected to be $1.46, analysts have been quoted as saying. Also, the revenue, reports say, could be around $20.783 billion.
Investors are expecting that the new streaming service Disney+ would have got 25 million paid domestic subscribers at calendar year-end, reports further say.
We have earlier reported that Disney Plus could reach the count of 90 million streaming subscribers up from 60 million, two years ahead of its 2024 goal.
Disney could also get close to a nine-figure subscriber base in three years, earlier reports had said.
